…most S&P 500 companies have reported their 2nd quarter results…
…and 81% of them are beating earnings-per-share estimates…
…and earnings are 8.2% over the long term trend…
…does that mean the recession is as bad as the doomsday crew was predicting, less bad, not bad at all…
…or is our economic situation better – maybe a lot better – than they were predicting?
Just asking.
